August 2020 Real estate market overview.
New Listings Aug. 2020: 166 vs Aug. 2019: 187 a decrease of 11.2%
Pending Sales Aug. 2020: 176 vs Aug. 2019: 168 an increase of 4.8%
Closed Sales Aug. 2020: 195 vs Aug. 2019: 190 an increase of 2.6%
Avg Sale Price Aug 2020 - $228,910 vs Aug 2019- $204,019 this is an increase of 12.2%
New home listings are still down for the year and the buyers are still very active making it a sellers market for the Grand Rapids MN area.
If you thinking of selling give us a call at 218-326-0323.
These numbers are from the Itasca Board of Realtors.